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Just moments now into the trading day, what a difference a day makes. were looking at a far different picture. about a minute in, your stocks opening slightly higher after a wild wednesday. cnn business reporter alison kosik joining us from the new york stock exchange. is it feeling lighter on the floor today, too? >> yes, a little more levity today. yesterday was quite the wild ride. we saw the dow swing 700 points throughout the session, down 500, up 200, 230 by the time the day was over. now ...

Year. its republicans and democrats joining hands together to blow a hole in the debt. >> went down in the same way its gone down last 10 years in the row. like ground hogs day. whenever you are running um to the date you know its going to be a disaster. we have got to get back to basic business, not running trillion-dollar deficits every year as far as the eye can see. >> 2300 pages less than 24 hours. no member read that bill. and no member knows everything thats in that bill. we will be facin...

Schmidt, republican strategist and political veteran of the bush white house and mccain presidential campaign. steve, well start local. this guy was a democrat really in title only. anyone else, any other democrat who made a commercial with an ar-15, the progressives would just have him for lunch. but this is pennsylvania, 18th district. what do you make of the fact that the winner had a "d" next to his name? >> well, look, brian. this is a scary hour for republicans in congress as they consider...

Outside groups, there is just not the budget for them to go into all of these races that are in the past not even considered competitive. >> and again, joe, this isnt one of districts that republicans were most worried about heading into the fall. it wasnt in the top 100. >> no, and they shouldnt spin it. they look obviously like theyre all lying. its silly. come on. >> and think about the impact. there are 118 seats that are republican held, that are less friendly to republicans than pennsylvan...

Vastly outspending the ones that backed lamb with ads that depicted lamb as a liberal. the republican house members in the rnc said lamb was in step with them the whole way. >> mr. lamb was brilliant. he ran as a republican. so it worked for him. he certainly didnt run as a democrat. >> conor lamb ran as a guy who would line himself up with president trump. >> the lessons was run away from nancy pelosi and run with donald trump. >> at the end of the day, he ran as a republican. >> conor lamb ran...

Just have him for lunch. but this is pennsylvania, 18th district. what do you make of the fact that the winner had a "d" next to his name? >> well, look, brian. this is a scary hour for republicans in congress as they consider their majority. only three times in the last 118 years has the presidents party not lost seats in the first midterm election. so we start off structurally with the headwind. you look at all of the special elections that have taken place over the course of trumps presidency...

About what it is were witnessing here is steve schmidt, republican strategist and political veteran of the bush white house and mccain presidential campaign. steve, well start local. this guy was a democrat really in title only. anyone else, any other democrat who made a commercial with an ar-15, the progressives would just have him for lunch. but this is pennsylvania, 18th district. what do you make of the fact that the winner had a "d" next to his name? >> well, look, brian. this is a scary ho...

People do not like -- buyers remorse about having elected donald trump. weve seen that. theres 118 districts, charles, that are kind of less red where republicans hold seats. those people -- if you won by 5 or 10 or 15 and youre republican, and you won by that little last time, you have to look at the race. you go, why am i going to knock my head against the wall to be embarrassed this fall? >> madison, that would make sense if connor lamb didnt run on a pro gun, pro tariff, pro tax cut, anti-ab...

Then they have a right to complain. if it is properly imposed, they dont have a right to complain. when obama imposed steel tariffs on nine countries that went from 10% to 118%, nobody screamed trade war, trade war. they said theyre cheating. lets fix it. >> richard, stand by. -- >> and to the extent we can fix the cheating, we ought to be able to do it. >> stand by. the president of the united states has walked into the room. he is shaking hands with the workers and he takes the podium. here is...

Enforce our laws and create a flat playing field, everybody is protected in every industry. not every steel producer isnt cheating. canada and mexico isnt cheating. so we need to do this surgically. find out those that are cheating and use this to stop the cheating. in 2014 president obama imposed steel tariffs on nine countries. they range from 10% to 118%. they had an effect. george bush did that. george bush ii, w. did that and while they were overturned by the world trade organization, one t...